"Iran has blocked the passage of vessels carrying 20 percent of the world's oil and liquefied natural gas supplies, leading to one of the worst energy crises in decades. Experts warn of a looming global recession as nearly 2,000 vessels remain stranded close to the Strait of Hormuz, a critical maritime route."
"Iran's parliament is preparing legislation to collect tolls for ships transiting the Strait of Hormuz, asserting that it is natural for vessels to pay duties for security. An official stated, 'We ensure its security, and it is natural for ships and tankers to pay us duties.'"
"The Islamic Revolutionary Guard Corps (IRGC) has already imposed a toll booth system to control vessel traffic through the strait, despite the absence of a formal legal framework. This system aims to manage the flow of maritime traffic in a region vital for global energy supplies."
Iran has implemented a blockade in the Strait of Hormuz, affecting 20 percent of the world's oil and liquefied natural gas supplies. This action has led to a severe energy crisis and raised concerns about a potential global recession. Nearly 2,000 vessels are stranded near the strait, which is crucial for maritime oil transport. Iranian parliament is considering legislation to impose tolls on ships transiting the strait, claiming it is natural to collect fees for ensuring maritime security.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]